Marriott Beats Expectations; Ryman, Apple Hospitality Post Results
Photo Credit: A guestroom at the JW Marriott Hotel Tokyo. Marriott
Skift Take
Marriott reported higher-than-expected 3Q25 results. Plus more hotel deal and development news.
There will be no Daily Lodging Report from Thursday, November 6th to Monday, November 10th. Regular service will resume on November 11th.
Marriott reported higher-than-expected 3Q25 results while also tightening up their guidance, even as 4Q was a bit lighter than they previously guided. Investors still reacted positively. MAR's development pipeline showed no sign of slowing down; they continued buying back stock and total cash returned to shareholders in the first nine months was about $4 billion. For context, see Skift's story: Marriott’s 2026 Outlook: New Credit Card Deals, World Cup Boost, and Luxury Premiums.
Ryman Hospitality also had a well-received earnings report with a slightly better-than-expected report and a positive view of 2026.
Apple Hospitality must wonder what it needs to do to get respect from Wall Street. They had a 3Q report that was described by Baird as better than feared, two new development
